Carnival PT Lowered to GBX 2,200 (CCL)
Research analysts at UBS AG reduced their price target on shares of Carnival (LON:CCL) from GBX 2,400 ($38.44) to GBX 2,200 ($35.24) in a report released on Wednesday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price target points to a potential downside of 2.57% from the company’s current price.
A number of other firms have also recently commented on CCL. Analysts at Morgan Stanley downgraded shares of Carnival (LON:CCL) from an “equal weight” rating to an “underweight” rating in a research note to investors on Wednesday. They now have a GBX 2,000 ($32.04) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “sell” rating on shares of Carnival (LON:CCL) in a research note to investors on Friday, September 20th. They now have a GBX 1,770 ($28.35) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Carnival (LON:CCL) in a research note to investors on Thursday, September 19th. They now have a GBX 2,200 ($35.24) price target on the stock.
Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 2,207.80 ($35.36).
Carnival (LON:CCL) opened at 2104.00 on Wednesday. Carnival has a 52-week low of GBX 2017.00 and a 52-week high of GBX 2638.00. The stock has a 50-day moving average of GBX 2448. and a 200-day moving average of GBX 2363.. The company’s market cap is £16.306 billion.
Carnival plc is a cruise company. The Company’s cruise brand operates in two segments: North America and Europe, Australia & Asia (LON:CCL).
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